The Bank of Tokyo-Mitsubishi UFJ, Ltd. announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP For the Nine Months Ended December 31, 2012

TOKYO--()--The Bank of Tokyo-Mitsubishi UFJ, Ltd.:

Consolidated Summary Report < under Japanese GAAP >

for the nine months ended December 31, 2012
 
Company name:   Mitsubishi UFJ Financial Group, Inc.   Stock exchange listings:   Tokyo, Osaka, Nagoya, New York
Code number: 8306

URL http://www.mufg.jp/

Representative: Katsunori Nagayasu, President & CEO
For inquiry: Naoki Muramatsu, General Manager - Financial Planning Division / Financial Accounting Office
TEL (03) 3240-3110
Quarterly securities report issuing date:   February 14, 2013       Dividend payment date:   -

Trading accounts:

  Established
Supplemental information for quarterly financial statements:   Available

Quarterly investor meeting presentation:

  None
 
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Data for the Nine Months ended December 31, 2012
(1) Results of Operations (% represents the change from the same period in the previous fiscal year)
    Ordinary Income   Ordinary Profits   Net Income
Nine months ended    

million yen

 

%

 

million yen

 

%   million yen %
December 31, 2012 3,438,004 (9.3 ) 936,459 (24.0 ) 532,456

 

(34.7

)

December 31, 2011       3,789,994   8.6         1,231,425   47.3         815,802

 

47.8

   
(*) Comprehensive income
        December 31, 2012:     834,274   million yen,   0.9%;     December 31, 2011:     827,030   million yen,     225.1%
         
    Net Income

per Common Stock

  Diluted Net Income

per Common Stock

Nine months ended   yen   yen
December 31, 2012 37.00 36.94
December 31, 2011     57.04       56.92  
 
(2) Financial Conditions
    Total Assets   Total Net Assets  

Net Assets Attributable to
MUFG Shareholders to
Total Assets (*1)

As of  

million yen

 

million yen

 

%

December 31, 2012 224,470,287 12,270,293 4.7
March 31, 2012     218,861,616       11,675,784       4.6  

(Reference) Shareholders' equity as of

      December 31, 2012:       10,546,248   million yen;       March 31, 2012:       9,993,029   million yen

(*1)

 

"Net assets attributable to MUFG shareholders to total assets" is computed under the formula shown below

(Total net assets - Subscription rights to shares - Minority interests) / Total assets

(*2)

"Risk-adjusted Capital Ratio" will be disclosed separately in mid-February 2013.

 
2. Dividends on Common Stock
  Dividends per Share
  1st quarter-end   2nd quarter-end   3rd quarter-end   Fiscal year-end   Total
Fiscal year   yen   yen   yen   yen   yen
ended March 31, 2012   -     6.00     -     6.00     12.00  
ending March 31, 2013   -     6.00     -              
ending March 31, 2013 (Forecast)                             6.00       12.00  

(*1)

 

Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report : None

(*2)

The information in the above table is only for dividends on common stocks. Please refer to "Dividends on preferred stocks" with regard to dividends on other type of (unlisted) stocks issued by us.

 
3. Earnings Target for the Fiscal Year ending March 31, 2013 (Consolidated)
    MUFG has the target of 670.0 billion yen of consolidated net income for the fiscal year ending March 31, 2013. (There is no change to our earnings target released on May 15, 2012.)
MUFG is engaged in financial service businesses such as banking business, trust banking business, securities business and credit card/loan businesses. Because there are various uncertainties caused by economic situation, market environments and other factors in these businesses, MUFG discloses a target of its consolidated net income instead of a forecast of its performance.
 

 

Notes

 

(1)

Changes in significant subsidiaries during the period: No

 

(2)

Adoption of any particular accounting methods for quarterly consolidated financial statements: No

(3)

 

Changes in accounting policies, changes in accounting estimates and restatements

(A) Changes in accounting policies due to revision of accounting standards: Yes

(B) Changes in accounting policies due to reasons other than (A): No
(C) Changes in accounting estimates: Yes
(D) Restatements: No

Note:

 

We changed the method of depreciation at the beginning of this first quarter.

The change falls under "Changes in accounting policies which are difficult to distinguish from changes in accounting estimates".

For more details, please see "(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements" in page 2 of Appendix.

(4)

 

Number of common stocks outstanding at the end of the period

 

(A) Total stocks outstanding including treasury stocks:

  December 31, 2012     14,158,585,720   shares

 

March 31, 2012 14,154,534,220 shares

 

(B) Treasury stocks:

December 31, 2012 9,576,769 shares
March 31, 2012 9,553,750 shares

 

(C) Average outstanding stocks:

Nine months ended December 31, 2012 14,147,926,844 shares
Nine months ended December 31, 2011 14,143,923,043 shares
 

*Disclosure regarding the execution of the quarterly review process

This "Consolidated Summary Report" (Quarterly "Tanshin") is outside the scope of the external auditor's quarterly review procedure which is required by "Financial Instruments and Exchange Act". Therefore, the quarterly review process has not been completed as of this disclosure in the "Consolidated Summary Report".

*Notes for using forecasted information etc.

1. This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and other overall management of the company and/or the group as a whole (the "forward-looking statements"). The forward-looking statements are made based upon, among other things, the company's current estimations, perceptions and evaluations. In addition, in order for the company to adopt such estimations, forecasts, targets and plans regarding future events, certain assumptions have been made. Accordingly, due to various risks and uncertainties, the statements and assumptions are inherently not guarantees of future performance, may be considered differently from alternative perspectives and may result in material differences from the actual result. For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced.

2. The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan ("Japanese GAAP"). Differences exist between Japanese GAAP and the accounting principles generally accepted in the United States ("U.S. GAAP") in certain material respects. Such differences have resulted in the past, and are expected to continue to result for this period and future periods, in amounts for certain financial statement line items under U.S. GAAP to differ significantly from the amounts under Japanese GAAP. For example, differences in consolidation basis or accounting for business combinations, including but not limited to amortization and impairment of goodwill, could result in significant differences in our reported financial results between Japanese GAAP and U.S. GAAP. Readers should consult their own professional advisors for an understanding of the differences between Japanese GAAP and U.S. GAAP and how those differences might affect our reported financial results. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report.

 
(Dividends on preferred stocks)
 
Dividends per share relating to preferred stocks are as follows:
 
Preferred Stock First Series of Class 5   Dividends per Share
  1st quarter-end   2nd quarter-end   3rd quarter-end   Fiscal year-end   Total
  yen  

yen

 

  yen   yen   yen
Fiscal year ended March 31, 2012

 

-

    57.50     -     57.50     115.00  
Fiscal year ending March 31, 2013

 

-

    57.50     -              
Fiscal year ending March 31, 2013 (Forecast)                           57.50       115.00  
                                         
Preferred Stock Class 11 Dividends per Share
  1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total
yen

yen

 

yen yen yen
Fiscal year ended March 31, 2012

 

-

    2.65     -     2.65     5.30  
Fiscal year ending March 31, 2013

 

-

    2.65     -              
Fiscal year ending March 31, 2013 (Forecast)                           2.65       5.30  
 

Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP For the Nine Months Ended December 31, 2012.

Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of The Bank of Tokyo-Mitsubishi UFJ, Ltd. Please refer to MUFG's website for full information.

Contacts

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Akira Narumi, +81-3-3240-1111
Chief Manager
Corporate Administration Division

Contacts

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Akira Narumi, +81-3-3240-1111
Chief Manager
Corporate Administration Division